Xos Income Before Tax from 2010 to 2024

XOS Stock  USD 4.06  0.20  5.18%   
Xos Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Xos Income Before Tax quarterly data regression had r-value of (0.61) and coefficient of variation of (171.58). View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-75.8 M
Current Value
-72 M
Quarterly Volatility
30.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Xos Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Xos income statement and is an important metric when analyzing Xos Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Xos' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Xos' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Xos Income Before Tax Regression Statistics

Arithmetic Mean(17,584,260)
Geometric Mean10,193,358
Coefficient Of Variation(171.58)
Mean Deviation22,455,616
Median(4,933,000)
Standard Deviation30,170,409
Sample Variance910.3T
Range99.2M
R-Value(0.61)
Mean Square Error611.4T
R-Squared0.38
Significance0.02
Slope(4,138,562)
Total Sum of Squares12743.5T

Xos Income Before Tax History

2024-72 M
2023-75.8 M
2022-73.3 M
202123.4 M
2020-16.7 M

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-75.8 M-72 M

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Additional Tools for Xos Stock Analysis

When running Xos' price analysis, check to measure Xos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xos is operating at the current time. Most of Xos' value examination focuses on studying past and present price action to predict the probability of Xos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xos' price. Additionally, you may evaluate how the addition of Xos to your portfolios can decrease your overall portfolio volatility.